Calton & Associates Inc. Acquires 7,618 Shares of iShares MSCI USA Quality GARP ETF $GARP

Calton & Associates Inc. raised its holdings in iShares MSCI USA Quality GARP ETF (BATS:GARP) by 37.8% during the fourth quarter, HoldingsChannel.com reports. The fund owned 27,747 shares of the company’s stock after purchasing an additional 7,618 shares during the period. Calton & Associates Inc.’s holdings in iShares MSCI USA Quality GARP ETF were worth $1,890,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. GW Henssler & Associates Ltd. bought a new position in iShares MSCI USA Quality GARP ETF in the fourth quarter valued at about $4,089,000. Marshall & Sterling Wealth Advisors Inc. grew its position in iShares MSCI USA Quality GARP ETF by 1.4% in the fourth quarter. Marshall & Sterling Wealth Advisors Inc. now owns 67,468 shares of the company’s stock valued at $4,595,000 after acquiring an additional 935 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in iShares MSCI USA Quality GARP ETF by 139.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 168,198 shares of the company’s stock valued at $11,454,000 after acquiring an additional 98,077 shares during the last quarter. Foundations Investment Advisors LLC grew its position in iShares MSCI USA Quality GARP ETF by 4.5% in the fourth quarter. Foundations Investment Advisors LLC now owns 19,596 shares of the company’s stock valued at $1,334,000 after acquiring an additional 835 shares during the last quarter. Finally, Thoroughbred Financial Services LLC grew its holdings in shares of iShares MSCI USA Quality GARP ETF by 5.6% during the fourth quarter. Thoroughbred Financial Services LLC now owns 19,849 shares of the company’s stock worth $1,351,000 after purchasing an additional 1,058 shares during the last quarter.

iShares MSCI USA Quality GARP ETF Trading Down 0.0%

BATS:GARP opened at $83.15 on Wednesday. The stock has a market cap of $698.46 million, a P/E ratio of 29.61 and a beta of 1.14. The stock’s 50-day moving average is $72.21 and its 200-day moving average is $69.49. iShares MSCI USA Quality GARP ETF has a 1-year low of $57.14 and a 1-year high of $83.40.

iShares MSCI USA Quality GARP ETF Profile

The iShares MSCI USA Quality GARP ETF (GARP) is an exchange-traded fund that is based on the MSCI USA Quality GARP Select index. The fund tracks an index of US large- and mid-cap growth stocks with perceived quality and value characteristics. GARP was launched on Jun 14, 2020 and is issued by BlackRock.